Aug 2, 2026

AI Stocks Trade Like Memecoins While Bitcoin Barely Moves – Week in Review

This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. First, an important security warning.

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Iran Denies Trump’s Hormuz Deal, Oil Jumps but Bitcoin Watches

Iran denied Trump's Strait of Hormuz deal claim. Oil rose 2.4%.

August 2, 2026, 12:39 pm
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Ethereum just outpaced Bitcoin with $365 million in ETF inflows, but on-chain data shows the real bottom isn’t in yet

Ethereum outpaced Bitcoin in July as stronger investment-product demand and corporate accumulation powered its first sustained relative advance in months. Data from CryptoSlate shows that ETH gained 19% during the month, climbing as high as $1,970 before retreating to $1,868 as of press time.

August 2, 2026, 12:35 pm
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BTC Exchange Price

$63,082.00  0.00%

$62,263.00 Low High $63,549.00

$1.27T Market Cap

$15.96B Total Volume (1.26%)

$126,080 All Time High -49.97%

until new daily candle